Las Vegas Investment Analysis

Investment Property in Las Vegas, NV

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Las Vegas

Las Vegas is an iconic city. It gets visitors from all over the world on business and pleasure. Some people might be surprised to learn that home prices in Las Vegas are actually affordable. The median price of the current listed properties is $244,900. While there is affordability, appreciation rates are also high. At one point, appreciation levels soared for three years and the appreciation rate was 65.4% in 2013. This has cooled down and the appreciation rate was reported 11.6% early 2016.

Investment properties in Las Vegas can be obtained at an affordable price but rents are high, which is why many people buy homes instead of renting. Interestingly though, the unemployment rate is above the national average. This could present challenges for investors.

However, with the tourism the city receives, an Airbnb investment property can be much more lucrative. While short-term rental regulations are strict in this city, North Las Vegas does not have any ruling on such rentals.